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SSC CHSL 2020 PYQ — Question 30

SSC CHSL - 15th October 2020 - Shift 1 • General Awareness • Q30

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Goods and Services Tax (GST) was enacted by Parliament vide ______Constitutional Amendment Act, 2016 on 8th September 2016.

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Correct answer: C

Explanation

The correct answer is option 3 i.e 101st.

  • The Constitution (One Hundred and First Amendment) Act, 2016, this amendment introduced a national Goods and Services Tax (GST) in India from 1 July 2017.

  • It was introduced as the One Hundred and Twenty-Second Amendment Bill of the Constitution of India.

  • The Goods and Services Tax (GST) is a Value-added Tax (VAT) proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at the national level.

  • It replaces all indirect taxes levied on goods and services by the Indian Central and state governments. It is aimed at being comprehensive for most goods and services.